Loan Interest Period definition

Loan Interest Period means (a) with respect to the initial Payment Date, the period from and including the Closing Date to but excluding the initial Payment Date and (b) with respect to each subsequent Payment Date, the period from and including the Payment Date immediately preceding such Payment Date to but excluding such subsequent Payment Date.

Loan Interest Period has the meaning given to it in Section 6.1 of the Intercompany Loan Agreement;

Loan Interest Period means the period from (and including) the Closing Date to (but excluding) the first Loan Interest Payment Date and each successive period from (and including) a Loan Interest Payment Date to (but excluding) the next succeeding Loan Interest Payment Date.

Examples of Loan Interest Period in a sentence

• Supplemental Interest in respect of each Loan Interest Period shall be payable on each Payment Date and upon any prepayment and at maturity.

• Accrued Loan Interest on each Loan made hereunder shall be payable on each Payment Date (with respect to the related Loan Interest Period), upon any prepayment and at maturity, commencing with the first of such dates to occur after the date such Loan is made.

• All calculations of Loan Interest and Supplemental Interest shall be based on a 360-day year and the actual number of days elapsed in the related Loan Interest Period.

• The Agent shall calculate each LIBOR Rate and shall notify in writing the Servicer and the Indenture Trustee of each determination of the respective rates applicable from time to time, in each case as soon as practicable (but in no event later than five Business Days) after determination of LIBOR for each Loan Interest Period.

• The Holdback Amount shall bear interest during each Loan Interest Period at a rate per annum equal to the Holdback Amount Rate.

More Definitions of Loan Interest Period

Loan Interest Period means, in respect of any Term Advance, each period from and including a Loan Interest Payment Date (or, in the case of the first Loan Interest Period, the Drawdown Date of the Term Advance) to, but excluding the next Loan Interest Payment Date (or, in the case of the first Loan Interest Period, the first Loan Interest Payment Date in respect of that Term Advance);

Loan Interest Period means the period from (and including) the Closing Date to (but excluding) the first Loan Interest Payment Date and each successive period from (and including) a Loan Interest Payment Date to (but excluding) the next succeeding Loan Interest Payment Date. Prior to the service of a Partnership Enforcement Notice, any amount due and payable by the Issuer to the Partnership on any Loan Interest Payment Date pursuant to the Partnership Swap Agreement (other than any Issuer Partnership Swap Termination Amount) will be set-off against the amounts due and payable by the Partnership to the Issuer on that Loan Interest Payment Date under items (b), (d)(vii), (f), (g) and (h) above in such order of priority provided that such set-off will not be made to the extent that there would then be a shortfall in the amounts available to meet item

Loan Interest Period means, in relation to each Term Loan: (i) the relevant First Loan Interest Period; and thereafter (ii) each period starting on (and including) a Guarantor Payment Date and ending on (but excluding) the following Guarantor Payment Date.

Loan Interest Period means in relation to (i) the first Loan Interest Period, the period starting on the Closing Date and ending on the first Loan Interest Payment Date, and subsequently, each Loan Interest Period, starting on the last day of its preceding Loan Interest Period and ending on the next Loan Interest Payment; and (ii) any Loan Unpaid Sum, the interest period determined by the Loan Agent in accordance with the default interest provision of the Loan Agreement.

Loan Interest Period. The meaning given in Section 6.1 (Interest Periods) of the Intercompany Loan Agreement Loan Representations and Warranties The representations and warranties relating to the Loans set out in the Mortgage Sale Agreement Loan Repurchase Notice A notice in substantially the form set out in the Mortgage Sale Agreement served by the Guarantor on the Seller in relation to the purchase of Loans in the Portfolio by the Seller in accordance with the terms of the Mortgage Sale Agreement

Loan Interest Period means with respect to each Term Advance, any successive interest period that matches the interest period applying to the Corresponding Class of Notes;

Loan Interest Period. ’ means, each period determined in accordance with Clause 9 (Interest Periods) of the Facility Agreement and, in relation to an unpaid sum, each period determined in accordance with Clause 8.3 (Default interest) of the Facility Agreement.